HIGH HEDGES, GREEN LANE, KESSINGLAND, LOWESTOFT, NR33 7RH - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIGH HEDGES is a very large extended detached house of 187m², built sometime between 1976 and 1982. It was last sold for £425,000 in January 2021, which was around 14% above the average January 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

HIGH HEDGES Sold Prices

Land registry data shows two sales for HIGH HEDGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two HIGH HEDGES sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 8 JAN	£425,000	£373,856	14% above HPI
2014 9 APR	£125,000	£264,724	53% below HPI

HIGH HEDGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two HIGH HEDGES sales from April 2014 and January 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is HIGH HEDGES?

HIGH HEDGES is 187m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where HIGH HEDGES lies on this distribution: 91% of detached houses are smaller than HIGH HEDGES, and 9% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

HIGH HEDGES: Plot and Title Map

HIGH HEDGES sits on a plot of roughly 0.257 of an acre, or 1,038m². The below map shows the location of HIGH HEDGES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of HIGH HEDGES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is HIGH HEDGES?

HIGH HEDGES is located on GREEN LANE in KESSINGLAND, in the NR33 postcode district. The below map shows the position of HIGH HEDGES on GREEN LANE.